Market leading insight for tax experts
View online issue

Practice guide: Sale of a UK company

Speed read

Although corporate transaction activity has been limited due to the economic downturn, groups are now starting to look again at disposing of parts of the business that are non-core. A share sale is usually the most tax-effi cient way for them to achieve this. After ‘packaging’ the business to be sold, key tax aspects of a corporate share sale will be managing a smooth due diligence and sale process and minimising the tax costs of a disposal, usually by taking advantage of the Substantial Shareholding Exemption legislation. The SSE is a relatively simple concept, but in practice there are potential pitfalls which a corporate vendor needs to be aware of to realise a tax-free gain.

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.